I have concluded another open house; well it was the same one from last week.  I still had flyers (from a third party money lender) left over from the last showing.  I called the listing agent for permission to hold the home open for the weekend.  I started making calls Tuesday, by Friday I had gotten a call from a temp that was covering the office while the listing agent was out of town.  The ironic part of this was that the out of town trip was to a motivational speaker that was/will show the listing agent how to maximize its efforts in the current "down" market.  I say ironic because the person that was left behind covering the phones had not a clue as to what was to be done during the time the listing agent was absent.  I wonder how much business was lost due to a clueless person effectively taking over the listing agents operations?  I am learning that you have to build a "pipeline" in order to grow your real estate business.  Its not easy or cheap to keep this "pipeline" producing business, another fact I have learned is that this production is fragile and that I would NEVER entrust it to anyone that was "less" in the field than myself.  I hope I don't sound hard for my statements. 

 

6 Comments on what I learned this week

JUL
23
2007
1 Featured Post Hit Router
Glad you are learning lessons from all your actions.  Remember if you only surround yourself with those as good as you, you will never be able to lead others and grow from that as well :)
1:32am • #2
104,238 Points 5 Featured Posts Outside Blog
Have you thought of partnering with another agent? I am seeing a lot of that lately. It seems to work well.
2:20am • #3
103,752 Points 9 Featured Posts Outside Blog

A pipeline is very fragile! You have to manage it constantly and effectively in order to grow it and run it smoothly. Having the right partner or support of a team member is clearly important, I guess this other realtor was too busy to see that...what a shame.

2:52am • #4

CJ:

Good post. Keep the pipeline cranking. 

6:13am • #5
AUG
02
2007

thank you to all who have left comments...I hope in these blogs that I am not talking out of turn..so please forgive me...Im new here

CJ

12:31am • #6

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Chris Murphy

Valencia, CA

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Pacific Oak Realty

Cell Phone: (661) 414-4203

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As a part of the Valencia Realtor Community I would like to join in the many discussions by reading/writting in this blog Sorry to say that I may only write once a week.


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